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Market Discussions

 
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Looking to grow.

Author
Purple Helmet
Brutor Tribe
Minmatar Republic
#1 - 2016-02-01 11:41:34 UTC
Hello, folks. I am currently a station trader. Things are running smooth and I am earning around 2bil per month in profits. I am looking to grow my business into multi-regional eventually but thinking of growing slowly so starting with trading within 1 region. I am just wondering how I would go about implementing this as I don't want to haul things myself therefore I will need to contract everything but obviously haulers need to be paid for their service. How can I turn a profit if my profits will be used to pay the haulers?

I was thinking of instead of being on top of the buy orders perhaps set a fixed price i'm willing to buy at and set it to region wide to get them filled? Would this work? Once I get a bit of a stock pile of goods then get them hauled up to the major trade hub?

I'm also wondering how I would get into multi-regional trading.

These are probably all basic questions but I thought I would clarify with the more experienced traders.

If it helps, I have 4 accounts (11 toons (including this one)) that I could potentially use if anyone has any ideas as to how to put them to use.

All and any help is appreciated.
Bumblefck
Kerensky Initiatives
#2 - 2016-02-01 13:14:33 UTC
*looks at thread title*


*looks at OP's name*


PHWOAR

Perfection is a dish best served like wasabi .

Bumble's Space Log

Rhivre
TarNec
Invisible Exchequer
#3 - 2016-02-01 13:26:32 UTC
Purple Helmet wrote:
Hello, folks. I am currently a station trader. Things are running smooth and I am earning around 2bil per month in profits. I am looking to grow my business into multi-regional eventually but thinking of growing slowly so starting with trading within 1 region. I am just wondering how I would go about implementing this as I don't want to haul things myself therefore I will need to contract everything but obviously haulers need to be paid for their service. How can I turn a profit if my profits will be used to pay the haulers?

I was thinking of instead of being on top of the buy orders perhaps set a fixed price i'm willing to buy at and set it to region wide to get them filled? Would this work? Once I get a bit of a stock pile of goods then get them hauled up to the major trade hub?

I'm also wondering how I would get into multi-regional trading.

These are probably all basic questions but I thought I would clarify with the more experienced traders.

If it helps, I have 4 accounts (11 toons (including this one)) that I could potentially use if anyone has any ideas as to how to put them to use.

All and any help is appreciated.



Well, Rita Jita is probably one of the most prolific multi-region traders, and he just did an interview here.

Markee Dragon with Rita Jita Interview

Dont be scared by the 7h, Rita is at the start of the interview.